BY KATHARINA BART

ZURICH—Credit Suisse Group AG boss Brady Dougan, one of the banking sector's highest-paid executives, is likely to reap nothing this year from the long-term bonus program that delivered him a 70 million Swiss franc ($77.8 million) windfall last year, because the bank's stock failed to meet minimum limits.

Under the terms of the Swiss bank's so-called performance-incentive plan, known as PIP II, Mr. Dougan and other top managers won't see any of their PIP awards convert to stock because the bank's shares have sputtered below 47 francs since January, which is the average the stock ...